A report in The Age and by AAP says that Qantas CEO Geoff Dixon has tipped that 100,000 jobs will be lost in the global aviation industry by the end of the year.

Mr Dixon, who last week announced that Qantas would slash 1500 jobs and cancel plans to hire 1200 new staff, said high oil prices would force airlines to consolidate and that the industry was on the brink of a "new aviation world order".

"Right now the global aviation industry faces not just a shock or indeed a blip or indeed a crisis really but a permanent transformation," he said. "Airlines around the world are cutting routes and capacity, grounding and retiring aircraft and unfortunately shedding staff."

"In the last six months alone 24 airlines have gone or closed completely … It's likely that 100,000 jobs will be lost before the calendar year is out," Mr Dixon said.

The prediction came as peak global airline body, the International Air Transport Association, released results of a survey which show only 10% of airlines expect to see a rise in profits over the next year.

Mr Dixon, speaking at a business lunch in Sydney, said airlines would be forced to merge or perish, although he expects Qantas to survive as an independent airline.

A Report by The Mole from The Australian and AAP